Visa Incorporated (NYSE V) is expected to report a total sales of $5.81B by brokerages for the current quarter. Estimates have been provided by 14 research analysts. The highest and lowest estimates stand at $6.16B and $5.66B respectively. Last year, in this quarter, $4.84B sales were reported indicating a positive 20% y-o-y growth rate.
Stock Commentary Of NYSE V Stock
The latest data on the quarterly earnings of NYSE V was posted on 27th April, Tuesday. An EPS of $1.38 was reported overshooting the general estimated $1.26 EPS. It also had a 37.22% equity return and a 49.74% net margin.
Several research analysts have issued their reports on NYSE V recently. Wells Fargo & Company increased their target price to $265 from $240 while issuing a rating of “overweight” on 4th May, Tuesday. Jefferies Financial Group increased their objective price to $275 from $260 while issuing a rating of “buy” on 4th May, Tuesday. Mizuho increased their target price to $275 from $250 while issuing a rating of “buy” on 4th May, Tuesday. Morgan Stanley increased their price target to $279 from $258 while issuing a rating of “overweight” on 3rd May, Monday. Truist increased their target price to $250 from $230 on 28th April, Wednesday.
On Monday NYSE V shares opened at a value of $226.94. The highest and lowest value of the stock over a period of one year stands at $237.50 and $178.87 respectively. The market capitalization value of the stock stands at $442.07B with a 0.96 beta. The moving average of the stock over 50 days stands at $224.24 while for 200 days it stands at $212.26.
Rajat Taneja, an insider, sold off 31,750 NYSE V shares on 8th March, Monday at an average $223 price per share. Alfred F. Kelly, Jr., the CEO, sold off 9000 shares on 21st March, Wednesday at an average $212.55 price per share.
